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Cash

£1.7M

+71.1% highest in 3 filed years

Net assets

£198M

+29.1% highest in 3 filed years

Employees

Average over period

Profit before tax

£49M

+25.5% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31

Metric Trend 2024-01-312025-01-312026-01-31 Δ vs prior
Turnover £2,718,000£3,039,000 +11.8%
Operating profit -£82,445,000£41,218,000
Profit before tax -£82,989,000£38,882,000£48,811,000 +25.5%
Net profit -£83,176,000£38,672,000£48,599,000 +25.7%
Cash £926,000£975,000£1,668,000 +71.1%
Total assets less current liabilities £119,411,000£153,099,000£197,595,000 +29.1%
Net assets £119,411,000£153,099,000£197,595,000 +29.1%
Equity £119,411,000£153,099,000£197,595,000 +29.1%
Average employees 4950
Wages
Directors' remuneration £158,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-01-312025-01-312026-01-31
Return on capital employed -69.0%26.9%
Gearing (liabilities / total assets) 5.0%4.1%3.8%
Current ratio 0.15x0.15x0.22x

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 6 times since incorporation

  1. BAILLIE GIFFORD CHINA GROWTH TRUST PLC 2020-10-07 → present
  2. WITAN PACIFIC INVESTMENT TRUST PLC 2005-05-31 → 2020-10-07
  3. F&C PACIFIC INVESTMENT TRUST PLC 2001-05-31 → 2005-05-31
  4. FOREIGN & COLONIAL PACIFIC INVESTMENT TRUST PLC 1991-06-14 → 2001-05-31
  5. F & C PACIFIC INVESTMENT TRUST PLC 1984-06-25 → 1991-06-14
  6. F. & C. PACIFIC INVESTMENTS TRUST PLC 1984-06-19 → 1984-06-25
  7. GENERAL INVESTORS AND TRUSTEES PLC 1907-01-24 → 1984-06-19

Audit & accounting basis

Accounting basis
FRS 102
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have undertaken a rigorous review of the Company’s ability to continue as a going concern. The Company’s assets, the majority of which are investments in quoted securities which are readily realisable, exceed its liabilities significantly. The Company has continued to comply with the investment trust status requirements of section 1158 of the Corporation Tax Act 2010 and the Investment Trust (Approved Company) (Tax) Regulations 2011. The Financial Statements have been prepared on the going concern basis as it is the Directors’ opinion that, having considered the principal risks and other matters as set out in the Viability Statement on page 34, that the Company will continue in operational existence until 30 April 2027, which is for a period of at least 12 months from the date of approval of these Financial Statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 27 resigned

Name Role Appointed Born Nationality
BAILLIE GIFFORD & CO LIMITED Corporate Secretary 2020-09-16
CLISSOLD, Timothy Kenneth Director 2021-10-01 Mar 1960 British
MACAULAY, Sarah Juliet Director 2024-05-01 Jun 1962 British
MILLER, Magdalene Ka Hung Director 2020-11-26 Nov 1962 British
PINK, Nicholas Alexander Director 2023-09-01 Jun 1968 British
SILVER, Jonathan Charles Director 2022-09-01 Sep 1957 British
Show 27 resigned officers
Name Role Appointed Resigned
BNP PARIBAS SECRETARIAL SERVICES LIMITED Corporate Secretary 2005-05-12 2008-11-26
F & C MANAGEMENT LIMITED Corporate Secretary 2005-05-12
LINK COMPANY MATTERS LIMITED Corporate Secretary 2013-01-01 2020-09-16
PHOENIX ADMINISTRATION SERVICES LIMITED Corporate Secretary 2008-11-26 2013-01-01
ATKINSON, Leslie, Dr Director 1999-06-23 2012-06-14
BANERJI, Arnab Kumar, Dr Director 1995-02-01 1998-06-03
BARBER, Alan John Director 2007-07-23 2015-06-10
BATES, Sarah Catherine Director 2004-01-01 2017-06-14
CHIBA, Kazuo, Ambassador Director 1993-02-25 1997-06-04
CORTAZZI, Hugh, Sir Director 1998-06-03
COURTAULD, William Montgomerie Director 2001-04-18 2010-03-07
DAVIS, Alan John Mytton Director 2000-05-31
DERWENT, Robin Evelyn Leo, The Right Honourable Lord Director 2001-05-31
ELSTOB, Eric Carl Director 2003-10-28
FOUCAR, Anthony Emile Director 1994-05-26
JONES, Kevin Kimberley Director 1999-02-24 2007-06-13
LOTBINIERE, Thomas Henry Joly De Director 2000-05-31
MCMEEKIN, Dermot James Director 2012-05-01 2021-06-16
NOTT, Gillian Director 1999-11-24 2014-06-09
PLATTS-MARTIN, Susan Director 2014-07-15 2024-04-30
PURVIS, Christopher Thomas Bremner Director 1997-07-01 2006-06-22
RALPH, Christopher Mark Director 2017-07-01 2022-06-16
ROBSON, Andrew Stephen Director 2014-07-15 2023-06-15
SEYMOUR-WILLIAMS, Diane Director 2010-06-09 2019-06-12
WEE, Sin Tho Director 1996-01-24 1998-06-03
WESTON, Christopher John Director 1999-06-02
WRIGHT, Ian Kenneth Director 1998-06-03

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 851 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-06-08 RESOLUTIONS Resolution
Date Type Category Description
2026-07-01 SH03 capital Capital return purchase own shares treasury capital date
2026-06-25 CS01 confirmation-statement Confirmation statement with updates PDF
2026-06-08 RESOLUTIONS resolution Resolution
2026-06-06 SH03 capital Capital return purchase own shares treasury capital date
2026-06-05 AA accounts Accounts with accounts type full
2026-06-05 SH03 capital Capital return purchase own shares treasury capital date
2026-06-04 SH03 capital Capital return purchase own shares treasury capital date
2026-06-01 SH03 capital Capital return purchase own shares treasury capital date
2026-05-15 SH03 capital Capital return purchase own shares treasury capital date
2026-05-13 SH03 capital Capital return purchase own shares treasury capital date
2026-04-20 SH03 capital Capital return purchase own shares treasury capital date
2026-04-20 SH03 capital Capital return purchase own shares treasury capital date
2026-04-10 SH03 capital Capital return purchase own shares treasury capital date
2026-03-30 SH03 capital Capital return purchase own shares treasury capital date
2026-03-20 SH03 capital Capital return purchase own shares treasury capital date
2026-03-13 SH03 capital Capital return purchase own shares
2026-03-04 SH03 capital Capital return purchase own shares treasury capital date
2026-03-02 SH03 capital Capital return purchase own shares treasury capital date
2026-02-20 SH03 capital Capital return purchase own shares treasury capital date
2026-02-20 SH03 capital Capital return purchase own shares treasury capital date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
17

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page